Prosus launches £3.4bn takeover offer for Just Eat in deal ‘milestone’

Prosus launches £3.4bn takeover offer for Just Eat in deal ‘milestone’

Prosus is set to become the fourth largest food delivery group in the world following the takeover.

Just Eat shareholders will vote on the agreement at a meeting to be held on July 8 in Amsterdam.

Freshfields advises Bakkavor on its recommended acquisition by Greencore

Global law firm Freshfields is advising Bakkavor Group plc (Bakkavor) on its recommended acquisition by Greencore Group plc (Greencore).Under the terms of the proposed offer, which values Bakkavor at c.£1.2bn, Bakkavor shareholders will receive 0.604 new Greencore shares and 85 pence in cash for each Bakkavor share, plus, in certain circumstances, an additional entitlement to value should Bakkavor dispose of its US business. The combination is e…